We are live on ! Find out more
PPT

Franklin Premier Income Trust
PPT

80 hedge funds and large institutions have $166M invested in Franklin Premier Income Trust in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

4% more funds holding

Funds holding: 77 → 80 (+3)

1% more capital invested

Capital invested by funds: $164M → $166M (+$1.17M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.25% less ownership

Funds ownership: 27.55% → 27.3% (-0.25%)

17% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 23

Holders
80
Holders Change
+3
Holders Change %
+3.9%
% of All Funds
2%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
12
Increased
19
Reduced
23
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$6.44M
2
Wells Fargo
Wells Fargo
California
+$2.41M
3
1CP
1607 Capital Partners
Virginia
+$1.37M
4
RJA
Raymond James & Associates
Florida
+$1.14M
5
SRC
Shufro Rose & Co
New York
+$768K

Top Sellers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
-$12.1M
2
SIA
Sit Investment Associates
Minnesota
-$1.71M
3
ACM
Arlington Capital Management
Illinois
-$315K
4
UBS Group
UBS Group
Switzerland
-$281K
5
BC
Bartlett & Co
Ohio
-$271K
Name Holding Trade Value Shares
Change 		Change in
Stake
AIM
76
Anchor Investment Management
South Carolina
$4.97K – – –
AAM
77
Advisors Asset Management
Colorado
$4K – – –
MFW
78
Mosaic Family Wealth
Missouri
$4K – – –
CHC
79
City Holding Co
West Virginia
$4K +$4.25K +875 New
KT
80
Kanaly Trust
Texas
$2K +$2.43K +500 New
ADL
81
Asset Dedication LLC
California
$1K +$24 +5 +2%
ACM
82
Arlington Capital Management
Illinois
– -$315K -64,513 Closed
CWM
83
Concert Wealth Management
California
– -$183K -37,318 Closed
AA
84
Ancora Advisors
Ohio
– -$154K -31,476 Closed
SFM
85
Signet Financial Management
New Jersey
– -$81K -16,638 Closed
Neuberger Berman Group
86
Neuberger Berman Group
New York
– -$62K -12,718 Closed
DADC
87
D.A. Davidson & Co
Montana
– -$19K -4,000 Closed
KKAMG
88
Kernodle & Katon Asset Management Group
Arkansas
– -$7K -1,500 Closed
CHP
89
Cable Hill Partners
Oregon
– -$3K -593 Closed
1 2 3
4

PPT Hedge Fund Activity: Q4 2016 in Review

80 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Franklin Premier Income Trust (PPT) for Q4 2016, worth a combined $166M — up 0.71% from $164M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new PPT positions and 8 closed out — a net gain of 4 holders — while 19 added to existing stakes and 23 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $6.44M. The largest seller was Saba Capital Management, cutting an estimated $12.1M.

  • 80 institutional investors held Franklin Premier Income Trust (PPT) as of Q4 2016, up from 77 in Q3 2016.
  • Funds reported $166M of Franklin Premier Income Trust stock for Q4 2016, up 0.71% quarter-over-quarter.
  • 12 funds opened new Franklin Premier Income Trust positions in Q4 2016 and 8 closed out, a net change of +4 holders.
  • The largest Franklin Premier Income Trust buyer in Q4 2016 was Rivernorth Capital Management, an estimated $6.44M added.
  • The largest Franklin Premier Income Trust seller in Q4 2016 was Saba Capital Management, an estimated $12.1M sold.

Based on aggregated 13F filings for Q4 2016.